Icon Miami Beach Values Are Skyrocketing
Icon Miami Beach has long been an outstanding condo development within the South of Fifth area of Miami Beach. The exemplary design and location make this development extremely desirable to those looking to invest in South Beach real estate. In viewing the Icon South Beach condos for sale, it’s easy to see tremendous value due to a number of factors. Philippe Starck, the world-famous designer of the classic masterpiece Delano Hotel, designed this building with the Related Group in 2005. Icon Miami Beach was the first of what is now three Icon-branded condo developments in Miami. Icon Brickell is also a work of art and doing quite well. And Icon Bay is a new building that has been making fast construction progress in the hot Edgewater neighborhood.
Icon South Beach is located adjacent to the Miami Beach Marina, giving residents the special amenity of gorgeous views of mega-yachts and other state-of-the-art vessels along the backdrop of the downtown Miami skyline. Personally, I thoroughly enjoy going for a sunrise jog along the marina promenade. The feeling is magical and fun, as others rollerblade, walk their pets and exercise along the same path. Jogging around to the Southernmost tip of South Beach is just a few minutes away and leads into the $20million+ South Pointe Park. I’ve noticed that owners of Miami’s South of Fifth real estate often share this amazing connection to health and well-being – due to the incredible pedestrian-friendly location.
Icon Miami Beach Incredible Condo Amenities
The condominiums at Icon Miami Beach are available with Nature, Classic, Culture and Minimal design finishing packages that were custom designed by Philippe Stark. Each option is quite appealing, yielding something for everyone. Icon Miami Beach also offers incredible amenities. The stunning lobby entrance is just the beginning; the well-designed pool, restaurant and fitness areas all have a special signature aesthetic that give them a unique vibe. Owners of Icon Miami Beach real estate also enjoy a range of services including housekeeping, laundry and dry cleaning, 24-hour monitored systems, concierge and more. Perfect for the busy executive or someone that merely craves a pampered lifestyle of luxury.
Rapidly Ascending Real Estate Values
Yes, the amenities are superb. And yes, the location is pretty awesome…but the best part is the of Icon Miami Beach real estate is the value appreciation. The south beach real estate market has been kind to the Icon. Condo prices have skyrocketed over the last few years. Back in 2009 and 2010 some of the condos for sale at Icon Miami Beach were selling in the $500 and $600 dollars per square foot range. Fast forward to today, and you’ll see that the condos have asking prices that average approximately $1400 per square foot. Of course, I can negotiate deals significantly below that average, but the raw data means that Icon Miami Beach real estate is a winner.
Amazing South of Fifth Neighborhood
In general, I must say that South of Fifth Miami real estate is also a winner. During the Great Recession, South of Fifth properties held their value proportionately better than the bulk of all other neighborhoods in Miami and Miami Beach. And they were the first to bounce back and show significant price appreciation. All in all, I think that Icon Miami Beach is a smart investment for a primary or secondary home. You won’t be disappointed in the amazing lifestyle and financial aspect of your investment.